Xamarin provides tools and APIs for building cross-platform native mobile apps, including Xamarin.Forms for cross-platform user interfaces. The company has expanded into testing tools and is growing its product portfolio to address more of the mobile app lifecycle. Xamarin says it has seen triple-digit growth every year since its 2011 founding. The company plans further product expansion and will consider acquisitions to bring new products to market quickly. Xamarin intends to use new funding to expand international operations, particularly in Europe (which already generates 35% of its business) and in Asia, including China. The company announced a $54 million Series C in this round and the article called it the largest round ever raised by a mobile app development platform. Xamarin provides a cross-platform developer platform that enables businesses to build fully native apps for iOS, Android, OS X and Windows. The company emphasizes enterprise-focused tooling and has expanded its product set to include a mobile UI testing platform and a Test Cloud. Xamarin reports a developer community of over 350,000 members and has sold 20,000 paid developer seats. The company recently hosted its first developer conference, which sold out, and says it has seen significant revenue growth and market momentum. Xamarin plans to use new funding to invest in pre-built components and apps to accelerate development and to expand its Test Cloud. The company also intends to double its sales team by the end of the year to support growth. Xamarin offers cross-platform mobile development software that enables developers to build native iOS, Android and Windows apps in C# while reusing up to 90% of application source code. Developers using Xamarin have complete access to the native APIs and UI toolkits for each platform, enabling truly native user experiences. Founded less than a year earlier by Nat Friedman and Miguel de Icaza and based in San Francisco, the company bootstrapped to more than 150,000 developers and over 7,500 paying customers, adding about 12,000 new developers per month. Xamarin reports millions of dollars in revenue. Customers include Rdio and National Instruments, and Microsoft has worked with Xamarin to help C# developers target modern device platforms. The company plans to use new funding to expand its roadmap of mobile developer tools and to build a sales and marketing team.

Total raised

$82M

Funding rounds

3

Latest round

Series C

Latest activity

Aug 2014